Steel News

Tayiuan Iron & Steel Goes Live with Broner Scheduling Solution

04 January 2008 - Taiyuan Iron and Steel goes live with a Broner Scheduling solution that includes a caster scheduler, meltshop control center, and a schedule editor at its plant in TaiYuan city, ShanXi province, China.

American Metal & Technology Adds 17 CNC MAZAK Lathes

04 January 2008 - American Metal & Technology increases production capacity with the purchase and installation of 17 additional CNC MAZAK lathe machines.

SMS Meer to Provide PQF Seamless Tube Plant for Anhui Tianda

03 January 2008 - SMS Meer will supply a new 500,000 tonnes/year seamless tube plant featuring PQF technology to Anhui Tianda Oil Pipe of China.

Siemens to Acquire Morgan Construction

03 January 2008 - Siemens’ Industry Solutions Division announces the acquisition of Morgan Construction, a recognized designer, manufacturer, and service provider for high-speed rod, bar, combination mills and handling equipment.

Siemens and Uralmash Form Joint Venture for Plant Building in Russia

02 January 2008 - Siemens and the Russian Uralmash Machine Building Corp. sign memorandum of understanding for formation of an engineering and supply joint venture to service the metals and mining industry in the Russian market.

Baffinland, voestalpine Sign Letter of Intent for Future Iron Ore Sales

02 January 2008 - Baffinland Iron Mines signs letter of intent for the future sale of up to 1.2 million tonnes/year of iron ore to voestalpine Rohstoffbeschaffungs GmbH, the company’s third letter of intent with an end-user steel company.

Shougang Rolls First Coil on SMS Demag Pickle Line Tandem Cold Mill

02 January 2008 - China Shougang produces its first coil on the new pickling line/tandem cold mill that was supplied and commissioned by SMS Demag.

Danieli to Install New Spooler Line for Halyvourgiki Minimill

31 December 2007 - Halivourgiki Inc., Greece, recently contracted Danieli to complete its minimill in Elefsis with the installation of a state-of-the-art Danieli Spooler line that will allow the production of ultra-compact, 3.5-tonne coils.

SMS Demag to Install Twin-Stand Steckel Mill for Maghreb Steel

31 December 2007 - SMS Demag will construct and install a twin-stand Steckel mill for Maghreb Steel’s Casablanca facility.

IISI Reports World Steel Production for November 2007

31 December 2007 - Steel production for the 67 countries reporting to the International Iron and Steel Institute stood at an estimated 109.0 million tonnes in November — 4.0% higher than for the same month of 2006.

SMS Demag to Revamp Salzgitter Flachstahl Hot Strip Mill

28 December 2007 - SMS Demag’s modernization of Salzgitter Flachstahl’s hot strip mill will include comprises extensive revamping of the roughing and finishing trains, plus the installation of new gears and a new coiler and coil conveyor system.

ArcelorMittal to Acquire Austrian Steel Distributor

28 December 2007 - ArcelorMittal signs share purchase agreement to acquire Eisen Wagner GmbH, a leading Austrian steel distributor, from its current owners.

MultiServ to Increase Services at V&M do Brasil

27 December 2007 - New 5-year contract between Harsco’s MultiServ division and V&M do Brasil will expand MultiServ’s responsibilities to include internal logistics as well as management of the internal yards.

SMS Demag to Supply Heavy-Plate Mill for Vyksa Steel

27 December 2007 - SMS Demag will supply a 1.2-million tonne/year heavy plate mill for Vyksa Steel that will incorporate a newly developed to-part spray cooling system capable of direct quenching and accelerated cooling of tube-steel plates.

ArcelorMittal Acquires South American Stainless Tube Maker Cínter SA

27 December 2007 - ArcelorMittal announced the acquisition of Cínter SA, a stainless steel tube producer located in Uruguay that will help to support the company’s strategy to strengthen stainless capacity in South America.

SMS Demag to Add Roughing Stand to Baosteel Heavy-Plate Mill

24 December 2007 - SMS Demag will supply a new roughing stand for Baosteel’s 5-meter heavy-plate mill in Shanghai.

Air Liquide Plans New Investments in Europe

24 December 2007 - Air Liquide plans to design and install three new air separation units to support a recently signed 15-year contract with ArcelorMittal.

CSN Announces Mine Expansion, New Integrated Mill in Minas Gerais State

20 December 2007 - CSN signs a Letter of Intent with the Minas Gerais state government detailing projects in mining, steel and cement production over the next six years, including a significant expansion in iron ore capacity as well as the creation of a new, 4.5 million tonnes/year integrated steel mill.

Moly Mines Enters Strategic Alliance with Molymet

20 December 2007 - Moly Mines and Molibdenos y Metales SA (Molymet) enter into a strategic commercial alliance that would blend Moly Mines’ mining project experience with Molymet’s downstream processing and marketing skills to create an alliance with the potential to deliver financial benefits to the shareholders of both enterprises.

ArcelorMittal Concludes Share Buy-Back Program, Initiates Another

19 December 2007 - ArcelorMittal announces the completion of its 27-million-shares buy-back program, and the start of its share buy-back program for up to 44 million shares.